Nora Zhou

The timberland real estate investment trust paid nearly $60m in two transactions in Louisiana and Oregon.

While over 70% of all freshwater resources are used for agricultural production, the value of water has not been fully understood or appreciated.

Innovation Endeavors recently invested in an irrigation company via the Farm2050 collective. Managing partner Dror Berman talks about the idea behind Farm 2050 and why CropX was its first investment.

The partnership includes the Interior Department, the state of California, non-profits and private landowners and will yield a minimum investment of $210 million by all partners.

The $300 million fund has more deals in the pipeline for this year, and is targeting 10 to 15 investments in Africa.

The Sydney-based timberland investment manager purchased a 4,000-hectare forestry right in the Hautu-Rangipo region in the central North Island of New Zealand.

The US farmland fund management firm held a final close for its first fund Wednesday, falling short of the pool’s original $225 million target.

The private equity firm has bought Spearhead, a vertically-integrated producer with land in Eastern Europe and the UK.

The new farm is expected to have an annual rental income of 8 to 10 percent of the purchase price and it is the first permanent crop farm the REIT has acquired.

Cole Orobetz joins the crowd-funding platform from a Canadian food & agri VC firm.